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{
    "id": 1254209,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1254209/?format=api",
    "text_counter": 160,
    "type": "speech",
    "speaker_name": "Prof. Njuguna Ndung’u",
    "speaker_title": "The Cabinet Secretary, National Treasury and Economic Planning",
    "speaker": null,
    "content": "duty in addition to ad valorem duty ranging from US$120 per metric tonne to US$200 per metric tonne on those goods. This is also meant to curb the under-valuation of the goods and safeguard revenues. Further, Kenya was allowed to charge a rate of 45 per cent on imported furniture to protect local manufacturers and producers. Kenya has sufficient capacity to manufacture plastic and rubber products to supply domestic and regional markets. To protect local manufacturers, Kenya was allowed to impose an import duty rate of 35 per cent on those goods for one year instead of 25 per cent. To protect the local assembly of smartphones and other mobile phones, Kenya was allowed to extend the import duty rate of 25 per cent on smartphones and other telephones for cellular networks or other wireless networks for one year. Further, Kenya was allowed to extend duty-free importation of inputs for the assembly of smartphones and other cellular phones. Kenya has the capacity to produce billets for the manufacture of wire rods and other similar products to meet local demand. To protect the local manufacturers of those goods, Kenya was allowed to charge an import duty of 10 per cent on billets. Hon. Speaker, I now turn to the tax measures proposed in the Finance Bill 2023. Let me start with the amendments to the Value Added Tax Act 2013. The high cost of Liquefied Petroleum Gas (LPG) contributes to the escalating cost of living and continued use of firewood and charcoal, which negatively affects our forest cover. To make LPG affordable, promote its uptake and encourage the use of clean energy sources, I am proposing to the National Assembly to zero-rate VAT on LPG."
}